ValueQuest forays into PE with ₹1,000 cr fund
Mint Mumbai|March 02, 2023
The new fund will invest primarily in late-stage opportunities
Beena Parmar
ValueQuest forays into PE with ₹1,000 cr fund

Public equity market-focused ValueQuest Investment Advisors has diversified into the private equity (PE) space with its new fund to raise up to ₹1,000 crore (around $121 million) to invest primarily in late-stage opportunities.

The VQ SCALE fund, a category II alternative investment fund (AIF), received approval from the Securities and Exchange Board of India (Sebi) last month. It will have a target corpus of about ₹700 crore with a green shoe option of ₹300 crore.

An AIF is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, to invest as per a defined investment policy.

هذه القصة مأخوذة من طبعة March 02, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 02, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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